New Amsterdam Presents Inc

Analysis

New Amsterdam Presents Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Amsterdam Presents Inc reported income of $213k and spending of $186k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $274k to $213k (-22%), an average of -6.1% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Amsterdam Presents Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Heart of Dance ($213k), Superstars Writing ($213k) and Sacramento Fine Arts Center ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Other salaries and wages came to $58k. At year end it held assets of $113k against liabilities of $53k, net assets of $60k. It reported 3 employees.